Tag Archives: USA

See Other Side

I am just looking at an article of last Saturday, and I have to be fair, I really liked Pamela Duncan and Cath Levett’s article (at https://www.theguardian.com/politics/datablog/2017/may/20/general-election-2017-manifesto-word-count-in-data), now there will be a whole host of issues we could go into, yet the article is a nice read. Weirdly enough it is the part of the Lib Dems that stands out a little in a positive way. You see, in this age, they are the ones having a high usage of the word ‘support’. That does not mean that it is a good way (or a bad way), the fact that neither Labour or Conservatives have that word in their top 5 is an equal issue to make. Labour is all about ensure and we saw how that went over. the idea that they are using ‘ensure’ whilst they are about to push the UK well over a third of a trillion deeper in debt is a massive issue. The Tories are using it down the line as well, so in what way are the words used? You do not have to wonder or think of it too deep. Reading the manifesto is a first and I had loads of issues with the Labour one, the way it was made (secretive) the way they shouted when it leaked and the way they so easily want to make ‘promises’ whilst having no finds to do so. The UK will need at least another decade to get over their previous spending spree and the least said about bungling the NHS IT issues the better. It is interesting that UKIP was taken out of the consideration at all. That is because now in the age of Brexit, their next steps are actually interesting and required knowledge. It is the follow up of the party that advocated Brexit that is an essential. Do not think for one minute that the article does not matter, you see, the Facebook article (at https://www.theguardian.com/news/2017/may/21/revealed-facebook-internal-rulebook-sex-terrorism-violence), shows that in a lot more detail. Facebook is no longer a mere facilitator. With the ‘Revealed: Facebook’s internal rulebook on sex, terrorism and violence‘ article on moderation, we see that there is a shift from moderation to opportunity creation. The quote “Yet these blueprints may also alarm free speech advocates concerned about Facebook’s de facto role as the world’s largest censor. Both sides are likely to demand greater transparency” is in the limelight here. The article gives us generic terms to illustrate, yet in a setting where the secondary lines are all about swaying, how does text and text analytics have any consideration of validity to censor or impede? In this the article skates near it in a sentence of life ending regarding President Trump. The reality is “they are not regarded as credible threats” is the jewel that cannot be ascertained by algorithms, for the mere reason that content is created, it tends to be a shifting wave not set in stone, making algorithms pretty useless. It is also why Google is focussing on AI, as with that, the ability to dimensionally set content becomes a close reality. In this another realisation is coming to light. The article gives us “Some photos of non-sexual physical abuse and bullying of children do not have to be deleted or “actioned” unless there is a sadistic or celebratory element“, consider that this gives the setting that bullying is to be condoned. One source stated: “The statistics on bullying and suicide are alarming: Suicide is the third leading cause of death among young people, resulting in about 4,400 deaths per year, according to the CDC. For every suicide among young people, there are at least 100 suicide attempts“, whilst Facebook is stating that it is not intervening in bullying. We can argue that there is the freedom of speech, yet the bulk of such bullying is done through fake accounts. Facebook is at present ‘reviewing more than 6.5m reports a week relating to potentially fake accounts – known as FNRP (fake, not real person)‘. That is a potential 350 million accounts a year, that is a little short of 17% of all Facebook accounts. We cannot fault Facebook here completely, as the quote “Facebook cannot keep control of its content,” said one source. “It has grown too big, too quickly.“, the ‘too quick‘ and ‘too big‘ have sunk large corporations before. It is the realisation of content that is at play. Another quote that matters, links to a May 1st article on dangerous content. The quote “the biggest and richest social media companies are shamefully far from taking sufficient action to tackle illegal or dangerous content, to implement proper community standards or to keep their users safe“. Which is pretty much the quote of Yvette Cooper, Labour MP. Yet in all this we ask how? Either the world becomes a censoring police state, or it allows as much freedom of speech and freedom of expression possible. Facebook and Google both have issues in this. By trying to facilitate they set up a situation that those not allowed to speak do so in almost extreme fashion. We know and were ‘sullied’ by political players regarding content. And in this ‘sullied’ is pretty much the way they set it. You see, the quote “Referring to Google’s failure to prevent paid advertising from reputable companies appearing next to YouTube videos posted by extremists“, which seems to be the correct description in a pig’s eye. the statement is true, yet the actual truth is that Google designed a online facilitation of advertisement allowing small businesses to gain proper and granulated visibility of what they offer to the interested audience at less than 10% of what printed media demands. Give me one example where that will not be exploited? And when it comes to explosive situations, lets remember Alfred Nobel who found a way to make working for tunnel diggers relatively safe. It was these crying governments who thought of using dynamite against people during acts of war was a good idea, so please Yvette Cooper, go cry me a river somewhere else, and please feel free to flush yourself like you are a cast member of Trainspotting; please please pretty please. In this Germany is not without fault either. The quote “In Germany, the report points out, the justice ministry has proposed imposing financial penalties of up to €50m on social media companies that are slow to remove illegal content“, Illegal where, and what is ‘slow to remove‘? All pointless statements in a proposition that is laughable. We can all agree that ‘illegal‘ content is to be removed, yet I think the Germans need to consider their high chair when we consider the issues regarding the CDU before Angela Merkel was in charge, the days of Christian Wulff has a few issues whilst he resigned and subsequently got acquitted in 2014. The press and government hid behind ‘since it was not clear who had paid for these holidays‘ should be an issue as there is a debatable consideration that they did not pay for it, you see for the bulk of all of us, when we go on holidays it tends to be a real dip in our daily cost of living. That might not be for everyone, yet when we see clarity of who did pay, there is a lot more going on. The entire Google matter gives rise to political games in favour of printed media who feels massively threatened, whilst Google has NEVER EVER been unclear of how their AdWords system worked and how you could maximise YOUR visibility. So when the part of ‘YOUR visibility‘ is a not so nice organisation, in a system that facilitates for millions, the damage could happen. It is a lot more complex than merely paying for a vacation using your bank card or credit card. Here, we now have content!

In this light, when we consider the elements and we go back to the first article “the parties will “ensure” that in “government” they will “work” to do “new” things that “support” you, the “people”.” it is a clear political message that can fit any of the three parties and that is what the writers set out to do. Yet what are the new things? Where are the funds coming from? How will it better your life? That is where the content is. Labour pushes you in even further debt, the Tories are trying to go one way, whilst you lose as little as possible, and that whilst trying to deal with large issues like the NHS and the debt. The Lib Dems want to be supportive of you as they have lost way too much to actually achieve anything. The manifestos are trying to sway you in the way they can and ways that are allowed. In this social media is the unspoken gun that will spray consequences on the choices of opponents and whilst they would like to guide you towards their base of choice, the censors are seeing a shift in methodology. In all this we see non political parties trying to play a similar game whilst ‘enticing’ you to ‘their’ places of ‘combat’, which in extremist views are actually ‘theatres of war’. In all this we see shifts as governments on a global scale (USA and Indonesia) are now on the verge of having to deal with people who return from Syria in a radicalised state. America in this has even more problems as Syrian and Iranian ties are getting stronger. This implies the dangers for America as this pool of radicalised people is an optional source for VEJA to see what damage they could to to America and more important, whether they could give pressure to Indonesia giving American Allies (read: Australia) more headaches that they are comfortable with at present. So where is that content? You see, as you might have seen in the past and in the media, content is created, it is created by setting a stage and let data be data, making the watcher nervous, or reactive, in social media is an absolute first to create large waves. The problem with censorship is that you create waves, whether you censor or not, by trying to create the waves in your favour you are also fuelling the opposition who could hurt you if intentional censorship is exposed. In this the attempt to ‘save’ the Trans Pacific Partnership is a clear monument of evidence how political players are there to ‘cater’ to big business whilst misrepresenting it as ‘labour rights and environmental protections‘ that whilst too many media outlets have already reported on how consumers will basically lose rights. So as we see that we keep an optional job, whilst having no say on where we spend our money and having no options to the amount we have to pay to get better, can you explain to me how that is a good thing for anyone else than big business? In this we now get back to Google. Yes of course they are in it for the money (to some extent), yet they have shifted the bar of technology 5 times in the last 7 years, whilst Microsoft has merely pushed the same bar forwards three times and making us pay for those new iterations. Does Google have issues? Of course it has, when you push out something as revolutionary as Google AdWords, things will happen and flaws will be found. You show me a windows version that got the bulk of basic parts correct after 29 iterations and you will be on the shortlist for receiving a Nobel price (they gave one to Barack Obama after all).

We all create content and whilst we saw on how the number of words might persuade us on how well any political manifesto was, we know that content was not given, mere curiosity (read: and it is still a nice article to read). We can agree that speech, whether elective or hate based is to address a group that will listen to them. in this there are points of technology (read: facilitation), yet in UK law there is an explicit defence for facilitation, as there is in almost every Common Law nation. In this we can clearly argue that there are issues to solve, nobody denies that, not even the technology firms. Yet do you want to live in a Microsoft world where it is merely iterative result of non fixed software that works, yet has issues and we get to pay for these flaws again or again, or are we willing to see Google solutions evolve where we have been introduced to new options, and amazing new boundaries as we moved from 3G, 4G and now towards 5G, with smartphone issues that Apple could not give in the last 4 versions of their iPhone. I got introduced to more invigorating options in 12 months of Google than I saw Microsoft show us in 15 years and that is whilst the Media remains very uninformative on non-consensual upload of data by Microsoft, that too is content!

In finality, consider the quote “Facebook also told MPs that it is is reviewing how it handles violent videos and other objectionable material after a video of a murder in the United States remained on its service for more than two hours“, whilst we need to consider the 2014 event of ‘Video of ISIS beheading U.S. journalist James Foley‘, the issue the CNN brought forward was: “The question is why taking it down is controversial at all. The answer, I think, shows how important services like Twitter have become, and how this has thrust unexpected responsibilities onto them“, it took years in court to deal with the Christian Wulff case as some would state it in a very unsatisfied way, whilst there is the raising of hell in light of certain videos? We can agree that some should not have gotten through, yet that is when we are in the emotional stage of not realising the size of technology involved. We should like the 2008 Facebook sex tape case conviction towards the poster of the video. Yet the political players know that this is a game that they cannot win, so it is easier to go after Facebook and Google, that whilst they rely on businesses to use these solutions to turn a few pennies, all knowing perfectly well that it is a cloud of facilitation. Is it merely because being linked to a large firm getting kicked is sexier that actually solving issues like age discrimination or giving suspended sentences on intentional fraud. When we are set in such an environment, can we trust anyone? We are all dealing with concepts of ‘facilitation’, ‘censoring’, and ‘technology’, at times on a daily basis. We all need to consider what is on the other side of that piece of paper, because when we consider that on page two of that news is an advertisement mentioning bogus scientific results? How criminal is the paper? and how will you take down printed advertisement? The elements here matter, because it introduces a term that has bearing, one that politicians have used for decades. In this they ‘hide’ behind the term “wilful blindness“, to remain ignorant intentionally of a situation is an issue, an issue that Yvette Cooper has been demonstrating in the response as given by the media. In equal measure can we accuse Microsoft of the same thing? The fact that some bugs that were seen in Office 95 and are still an issue in Office 2007, does that matter? That’s well over 12 years!

We ourselves also create content by not looking at the other side, which during the upcoming election is a bit of an issue, because, as I personally see it, Europe is in a new level of turmoil, one that it has not seen for several decades. It is also a larger issue as most nations have borrowed away the reserves they had. The safety netting is gone, which makes proper and complete information a lot more important than the previous 4 elections.

So lets not forget to see the other side, because when we are told: ‘look here’ the actual action that harms us is over there on the other side, in that it is my personal view, that in that regard all politicians are alike, and not one party has ever been ignorant of using that tactic.

In this business will go vastly beyond politics, because as the 5G waves start hitting us all, it will be about creating content, in this we will all look at the other side of the page and wonder about the validity, not because we want to, but because we have to. We will no longer have a choice in the matter.

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Where to focus?

This is an issue on the best of days, we are overwhelmed with information, real news, fake news and of course the Direct marketing waves that hit our internet eyes nearly 24:7. The internet is no longer some child, it is a grown adult and adults tend to lack a certain sense of humour, well the adult eyes of the beholder that is. Yet, what matters to us? When we move beyond the job that feeds you, the partner that … you and the family that gives you (usually) strength. When these things are dealt with, what matters next?

The fearful will look at North Korea, on how they are a threat and when we look at the Washington Post, a very respectable paper we see (at https://www.washingtonpost.com/opinions/the-north-korean-nuclear-threat-is-very-real-time-to-start-treating-it-that-way/2017/05/18/d60cbeec-39a4-11e7-8854-21f359183e8c_story.html) on how the threat is real. Even as we saw two failed launches, and in addition, we have yet to see anything from North Korea to get any missile that far (reaching the US), that an opinion piece states: “Stephen Rademaker, a principal with the Podesta Group, was an assistant secretary of state responsible for arms control and nonproliferation from 2002 to 2006“, so here we see the message, yet the core truth is: “The Podesta Group is a lobbying and public affairs firm based in Washington, D.C.. It was founded in 1988 by brothers John Podesta and Tony Podesta, it can be found at 1001 G Street, NW Suite 1000 W Washington, DC 20001“. Basically it is a marketing firm working a very niche market. Don’t get me wrong. I am not ‘attacking’ them, I would accept a position in such a firm any day of the week. Whether we call them marketeers, government strategy councillors or even diplomatic assistants, they are professionals and I do love working with professionals, especially in an environment I am not fully comprehensive of. You see, when you are out of your waters, most people tend to get to be a little apprehensive. Not me, it invigorates me, whether it is working as a document carrier for Faisal bin Abdullah, or Salman bin Abdulaziz Al Saud, doing work for google (which has been one of the most mentally intoxicating and invigorating environments ever) or merely finding new data solutions, working through data and solving the puzzle I see. So is North Korea a real threat or a perceived one? The safe bet is too see them as a real threat as they have access to Uraninite. You see, the world tends to be a little more complex than that. Having the stuff is not enough, getting the delivery method working correctly is an entirely different matter. It can be by having people from Pyongyang masked as South Koreans attending international universities in science and engineering would be a first, which is not that far a stretch. I literally (by accident) I told this Korean student “Does your family still have that bar in Pyongyang?“, he turned pale and said ‘How did you know that?‘, which was not the response I was going for, but OK, such is life, full of surprises. So as you ponder this, wonder on how China has little or no worry. If North Korea ever actually launches a missile towards America, do you think that the President of the USA would not instantly retaliate (especially the current one), what happens to places like Shenyang (in China), also consider whatever hits the water will make fishing no longer an option for decades, Japan learned that the hard way, so there you have it. In addition, we have seen the North Korea military look at systems like they were magical and those were computers the current European generation laughs at. That can be corroborated by the press as they were on a North Korean press tour a little over a year ago. The ‘minders‘ of those groups had NEVER seen a smart phone. I think that North Korea talks a lot, but for now has no real byte. Now the last part of that the Podesta group is a professional organisation. So was it merely an opinion piece or was the article their business, business they charge for? I will leave you with that thought.

The older American would look at the danger of pensions, which we also see in the Washington Post (athttps://www.washingtonpost.com/news/powerpost/wp/2017/05/18/trumps-budget-calls-for-hits-on-federal-employee-retirement-programs), the article ‘Trump’s budget calls for hits on federal employee retirement programs‘ describes on how it impacts. The article is a really good read and gives me the feeling that US retirement plans are an awful mess, with the additional danger that they seem to be running dry slightly too soon, which is what you get with a 20 trillion-dollar debt I reckon. The quote “A preliminary budget document released in March called for a domestic discretionary budget decrease of $54 billion, with an equal increase for defense, homeland security and veterans. Nineteen 19 small agencies would be eliminated, along with their workforces“, the additional “Increasing the FERS employee contribution would result in the average federal employee losing nearly $5,000 per year in take home pay, that’s per year after the phase-in is finished, he estimated. “Phasing this outrageous pension cut in over several years does not make it any more palatable. If this change is made, federal employees will no longer have a secure retirement. Period.”” is even more food for thought. The one equaliser in American business has for the longest time been that those people had a secure retirement, when this is off the table the one part of quiet governmental officials was that there was a long term benefit, with that off the table the environment in government positions will change. Now, we might think that this is not a bad thing, but it will result in chaos, and when we have seen and known that the American infrastructure has no real way to deal with chaos in its ranks, we will see different whirly waves of discontent, a few will leave marks on everyone. So when we read “The budget proposal President Trump plans to unveil Tuesday would give to federal employees with one hand, while taking away with five others” is an interesting one and I reckon that when the full paper is released this coming Tuesday, the US national papers will give it high visibility, because the United States federal civil service has a total of around 3 million people, which is 1% of the US population, making it decently important to cater to them. Perhaps those trying to sell the change might have been better off talking to the Podesta group first?

For me, the news was not in a newspaper. It was found in Digital health article. It re-iterated the issue of ‘urgent change‘ I voiced in my blog yesterday. In there I showed the NHS digital part regarding the endgadget quote “NHS digital had notified staff on patches” which would have diminished the Cyber attack gives us two sides. One, would there have been diminished damage, because that would suffice as evidence. Yet in Digital health we see: “a small team of developers is recommending the health service reduce its reliance on Microsoft“, which is overall not a bad idea, yet the NHS is too big to just make a shift in policy like that. I would be in favour of a shift towards something a lot safer like Linux, but that requires expertise. Another option is to rely on an android option where the NHS is all about apps, equally optional, but it will require massive amounts of resources on programmers, testers, upgraders and cyber monitoring. All these options require a drastic shift in IT operations. When we accept that in too many places there is no minding the NHS IT store (by not patching) the dangers will increase. As I quoted: “It is also my personal belief that in many cases the person claiming ‘urgent action is needed’ is also the person who wants the ‘victim’ to jump the shark so that they can coin in as large a way as possible“, which is what we see right here in the article. Now consider the quote: “To demonstrate that there is a licence-free alternative, GP Marcus Baw and technologist Rob Dyke have adapted the open source Linux-based Ubuntu operating system specifically for the NHS. They call it NHSbuntu“. So why not just use the foundation called Ubuntu? I cannot judge the intent (noble or not), but consider that technologist Rob Dyke has to pay for rent and so much, where is his interest? Do not get me wrong, we should not just dismiss any idea that might work, yet will it? You see any IT environment needs oversight and maintenance. The NHS is in no position to make such drastic changes as it is short on basic needs (nurses and doctors), I do agree that the IT needs to be addressed, yet two Labour governments wasted the IT budget of close to 10 years, lets leave it alone until we can actually address solutions. In this, one additional quote from Beta News. they give us “The report reveals that 12.8 percent of non-Microsoft programs were un-patched in the first quarter of this year“. If patching is so important, and it is, why give voice to 12.8% of additional risk? As stated, I am no Microsoft fan, but it does work in the current NHS environment and if we believe NHS Digital and the trusts do actually patch their stuff, the danger would have been a lot lower. As the evidence is at present, this issue would have been addressed by mere policy and replacing those not adhering to it might be the cheapest and best solution. In all this IT News gives us one more part, the fact that Microsoft is actually releasing a patch for operating systems that are no longer supported is also evidence. I do not see it as merely “to protect the company’s customer ecosystem“, which is a decent answer if you believe that. You see they could have merely told the customers to freely upgrade to Windows 10. I believe that, as they state it “to protect users against NSA-derived ransomware“. I believe that someone has evidence on a Microsoft-NSA cooperation in the beginning of the data snooping age and somehow the makers of the Ransomware (less and less likely to be North Korean) got access to the information needed. I reckon that anyone upgrading will be removing the digital evidence on their computers of that event. If you doubt me, consider the quote in that same article “Current versions of WannaCrypt use two exploits leaked by the ShadowBrokers hackers, who gained access to systems at The Equation Group, which is linked to the United States NSA, last year“, if that is true, how did North Korea get this? If they are good enough to be allegedly part of the NSA (source: Kaspersky), how come that the bulk of the cyber intelligence world has no knowledge of North Korea being such a threat against a player like that? It does not matter how it got out. Whether it was a disgruntled ex-employee. Some hacker that got sucked and suckered by a honey trap, there are enough options nowadays. The reality is that somehow the intel got out. It is being addressed and fixed. It does not make the issue go away, it merely tells us that remaining up to date and properly patched was the way to go. Urgently addressing does apply to systems being reasonable up to date, which does mean that there are costs, pushing yourself away from Microsoft (not the worst idea) comes with a cost, one that the NHS cannot afford, no matter how ambitious it seems and they got plenty of that, especially with non working systems. So, lets not make that error twice!

So when you wonder where you need to focus, I am merely suggesting that when your private house is in order, consider playing a video game or watch a nice blu-ray. It seems to me that a balanced life is the most important thing you can arrange for yourself, let the circus play its game and decide not to watch every show they offer, in the end it could just be merely Direct Marketing.

Get what you actually need, not what others state you need!

 

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As an election looms

Finally, we get some words on the Labour manifesto, the Guardian has been on top of it and whilst they are presenting a good part, I have a few issues as they went a little light on labour as I personally see it. Again, it is a personal side and as a conservative you should take into consideration that the flaw is on my side, and I would accept it, but let me give you the goods.

The entire review is at https://www.theguardian.com/politics/2017/may/16/labour-manifesto-analysis-key-points-pledges, so you have the option to completely disagree and seek your own version of their vision. The first part “a short note on a new £250bn “national transformation fund” implies that these costs will be funded through capital borrowing” shows their intent on rail, which is a quarter of a trillion through borrowing. So off the bat we are considering electing someone who wants to add a quarter of a trillion to a debt that went off the handles due to the Labour party in two previous administrations. How is that ever a good idea? a chunk of all the other parts is supposedly coming by adding a new tax group of 50% for those earning above £123K. A marginal addition for the ‘fat cat’ group. So those making more than that will be charged for the amount above and I have a hard time accepting and believing that this will get them the ‘speculated‘ £6.4 billion. It reads more like wishful thinking in an age where rationalism will not ever get you that amount. Consider, as mentioned before, something that any excel user can check with the numbers the UK tax office (HMRC) offers, the super wealthy, those making well over a million is limited to less than 5000 people. So how is this billion pound extra achieved? Let’s not forget they only get the 5% extra over the amount over £123K, as such the income will not get close, yet after the election they will come with excuses, whilst we already knew that this was never realistic. In addition, how many are close to the threshold? In this those making £123K – £199K, they might feel safer setting apart certain investment reserves into retirement, if they get that done, the £6.4B will drop fast by a lot. In addition, the Guardian gives us: “But recent evidence from the imposition of a 50p rate in 2010 shows that the measure could spark mass avoidance by the individuals affected and raise no extra funds for the exchequer“, so there is that part too! Remember Jeremy Corbyn and his nurses? The 10,000 nurses pledge? When we consider the already announced part “Health and social care reform at a cost of £7.7bn, as part of a package that includes a guarantee of A&E treatment within four hours and the end of the NHS pay cap“, and the “Free lunches for pupils as part of £6.3bn school package“, that’s another 14 billion, where is that coming from? Remember the tax increase part? When we tally, we see that the NHS part is already leaving the tax increase at minus a billion, all the other multi billion pound parts are not even close to being addressed. This is simple tally stuff that many in their final year in primary school can achieve from their calculus lessons and Jeremy Corbyn and his ‘raunchettes’ cannot deliver, a mere exercise in lewd offensive spending. Choices without proper merit and ignoring the consequences of the deep debt they got the UK in in the first place. I am all for some level of social levy, yet any social act requires to consider the impact, something that UK Labour is clearly not doing. It is even more upsetting that simple calculus gets us to a place where this would never have been a reality to begin with. Are you seriously considering voting for such a failed attempt?

When we consider the added Cyber security, and the promise to the security agencies, we see items that are promised without any claim to the cost. Now we might accept that part, yet their own £11.2 NHS IT fiasco should clearly show that they haven’t got a clue on how to tackle it because the limitations they imposed through failed IT is part of the reason that NHS IT is not up to date in the most meagre of ways which is also exactly part of the reason that the NHS hacks were successful in the first place. In addition the entire pension part is flawed, that is a given not because of what it states, but when you compare it against the Australian need to already up the retirement point to 67, with a population of 20 million, that is a retirement change already needed now, the fact that the age wave will hit with almost 4 times the intensity in the UK and the retirement age will not significantly up for another 6 years is delusional and as I see it set so that the current Labour electorate can ignore the issue until the next election, at that point it will be way too late and they will offer some diluted solutions using capital borrowing adding another . I see it as we now need an estimated £75bn a year, it is anticipated a near doubling before 2025. You see, some of the statistics have been placing comparison of life expectancy and percentage of retirement, yet as I see it, the quality of life for those born in the 30’s and those born in the 60’s is vastly different. the difference of those two groups is that maximum life is more likely to be in excess of 20 years, so those born in the 60’s and onward have a much higher chance of requiring a pension for close to 20 years longer, on a population of millions, that would equate to an additional pile of billions that would be required. In this the setbacks that the financial meltdowns gave all the people and government institutions, it shows that the shortage will increase and the pension deficit will increase annually by a lot over the next 5 years alone, so not seeing any repair actions is just weird. So as labour proclaims to be ‘social‘ their social unawareness and unpreparedness is just a little too upsetting. Now, the Tories are not innocent either. There is a given shortage and getting rid of the debt is a first step in solving it, so as we see that Labour is now willing to add close to half a trillion to the total shortage and that is just the added shortage of what they want to do to look cool. The added deficit will go straight through the roof adding overall a lot more debt than anyone is willing to consider.

And it is Labour of all others who have no welfare support. they promise a future policy paper, but the overall issue is not that paper (it will be though), it is “There are no spare funds in Labour’s calculations for extra welfare spending. To counteract the effects of planned cuts, under Labour’s current plans it would need to increase borrowing“, so that implies even more borrowing, whilst they amount needed is already through the roof. I did voice a change, I offered a view where there might be some additional ‘fat cat’ costs, even though that is not what I call it, it was a need to increase the second tax tier by 2% and the third one by 1%, whilst increasing the 0% tax group. so basically the lowest people get £100 a month more and the highest (45% tier) loses about £150 a month (as they also have the higher 0% part, they lose a little in the end), around £100 for tier 2 and £50 on the tier 3 part which I saw as a very social thing to do. And all that without burdening towards extra debt. I am not stating that the lowest group did not deserve more, I was working from a 0 balance difference for taxation, so that the coffer would not be denied more coins to address the massive debts it has now. It was a simple exercise in Excel and perhaps my method is flawed, my intention was pure, that is a lot more than I can state for the McDonnell-Corbyn group who will happily max out the UK credit card and leave others to solve the matter after they leave office, just like the two previous labour governments did.

Yet in all this it is not just the Labour party that needs a look, the Lib Dems are also due a little concern. In that I actually like the entire ‘rent to buy‘ pledge. I cannot say if it would work because the ground materials are not a given at present. What homes would be offered? Consider what the foundation is. New houses, would b great, but when we see where, there will be an optional issue. It is of course a way to get the younger generation out of London and perhaps towards other places where a younger population would be a good thing. However, would they embrace life in Essex, Suffolk, Norfolk, Lincolnshire or Kent? What happens when that is not an option, what if the social houses in London does not get resolved? Those elements make the Lib Dems an issue that might not come to pass, yet for every person accepting a place outside of the greater London area, the pressure will go down a little, enough little’s will make for a moment of relief, yet will it work, time will tell. In all this I personally found the second ‘referendum’ offensive. So, because people did not like the outcome, because some didn’t bother voting, the people in the UK get to vote again? I wonder how the Lib Dems will be seen when the EU gets the bill of what Wall Street does, when the UK gets the pounding because the US could not get their house in order, I wonder how those second referendum people will be seen. Even as the US is ‘suddenly’ doing great again, whilst their debt is increasing by trillions of dollars a year, as well as their inability of dealing with their deficit, how will that push others? The US now with almost 20 trillion in national debt, they stated the 1st half of 2016 a collected taxation of 1.48 trillion. now, if we do something not entirely valid, but what if we double it? (the second half is never as much as the first half, yet for argument sake), this now implies that the US would collect a maximum of $3 trillion for 2016, that whilst at present, federal spending is at almost $4 trillion and the deficit is now approaching $600 billion for this year. The deficit, no matter what they report is not getting properly addressed and has not been or over a decade. What do you think will happen when that well ends? Do you think that export to the US will continue? At that point, who would be the trade partner that remains? I do not proclaim to have then answer, yet when we see that at present US total Interest paid is set at $2.5 trillion, where do you think that goes? Who is paid interest on debts that seem to be mainly virtual? Do not think it is a simple picture, because this part is as complex as anything could ever get. Machiavelli could not design something this complex. Yet at the end of the day, the taxpayer is left with the invoice. As such lowering debt is the only safety net that would allow the people in general to have any life. I have always stated and truly believed that once it collapses, it will hit whomever is in debt. I still believe that Japan is the first domino to fall, yet that also means that the US dollar gets a hit that will be a terminal one and Wall Street will falter almost immediately after that, after which the Euro will go straight out of the window, its value less than the German Deutschmark in 1923. Japan has a debt that is close to 240% of GDP, a group of nations that includes the US, Japan, the UK and several other European nations have a budget deficit that is surpassing $9 trillion, how is that allowed to continue? This is not me, this comes from Martin Weiss, PhD. Although his PhD is in cultural anthropology from Columbia University, not in economics. Yet we can agree that at least he has a few degrees which includes degrees from Columbia and NYU, so he is not the most uneducated tool we know, unlike some in politics nowadays. The problem is not the total deficit or the total debt. It is the fact that some players like the Rothschild’s, Wall Street and even the IMF are wanting this game to continue. A push it forward game that benefits the political and financial engine operators and 0.1% of the population. Would it be fair to call this a legalised form of slavery? Is the one option allowed to have the same as a freedom of choice? That is what is more and more at stake. When the people in the UK were allowed this freedom, they chose Brexit, now we see all these players trying to undo that one part, because it is the fear of the players with too much to lose. We get more and more weighted information from the press and that engine is less and less reliable. So what remains? Well, the people in the UK are about to make their selection, whilst we see certain manifesto’s that are debatable to say the least. Some parts are just not realistic at all, yet the people must elect someone. I will not tell you who to vote for, I am merely wondering if the people will ever be properly informed.

This is mainly because there is an election looming and those not governing will make whatever promise they can just to get into office. So what will happen after that? Remember Emmanuel Macron? Making all those statements on how Europe must reform, or else there would be a referendum? Well, merely an hour ago we see: “Both pro-Europe leaders were keen to show solidarity concerning the Eurozone and have broken with previous statements by discussing potential changes to EU treaties. The move is seen by both nations as a way of healing ongoing EU upheaval, combating the rise of the far right and showing a united front in the wake of Brexit negotiations” healing whom? the ECB spending spree recipients? When we see “Visiting Berlin on Monday, Macron ‘did not push for major, ambitious reforms (of the EU) because he knows the chancellor cannot deliver until the elections in September’“, I merely see the fact that the French people have been lied to again, and those people voting have elected a new Wall Street tool (as I personally see it), and the fact that he was a former investment banker was pretty much a clear giveaway. I expect to see some kind of ‘compromise’ that gets no one anywhere any time soon around the end of August or early September, implying that the European gravy train will move along with full speed ahead for another 4-5 years. When you realise this, do you still think my Brexit support was weird? If someone had effectively muzzled Mario Draghi, that might have been a first piece of evidence that reform of the Eurozone would have been a far fetched optional reality, yet so far, that has not and is unlikely to happen.

 

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Screwed either way

Some will remember James Comey, at present former Director of the FBI. In addition, we need to remember on how during the final parts of the election Hillary Clinton came under investigations regarding her handling of certain matters as Secretary of State. In my mind her chances went out the window as she had bungled the Benghazi affair in the most stupid way possible. From my point of view it could have gotten her at least a million extra votes if she had done that thing right. In that Case, the 16 votes for Michigan might have been Democratic, in addition, the 29 votes for Florida and 10 for Wisconsin could have sealed the deal as the differences were really low, no guarantee, but the limping to the finish line as some newspapers reported imply that those three would have been up for grabs at that point. Would it have been enough. Was James Comey the trigger that made it falter? It would be too speculative to say ‘Yes!’

Consider the extremely hostile environment of the US and their need to be ‘by the book’ to do it according to whatever rules they decide. The fact that Hillary Clinton did office work via private email and servers and then suddenly the materials cannot be produced. This means that she gets to do government work off the books, with every possibility to feed her personal needs. I am not saying she did, I am saying she could have done that and there will be no evidence to help prove it. My issue was with the Benghazi situation. Where we see: ‘State Department officials were later criticized for denying requests for additional security at the consulate prior to the attack. In her role as Secretary of State, Hillary Clinton subsequently took responsibility for the security lapses‘, which was almost the brunt of it, the fact that certain parties were not upfront about the issue and it took Freedom Of Information Act requests by the Republican National Committee to truly get things going publicly. From CNN and Politico we learn “a lack of cooperation from Obama administration officials and Secretary Clinton for the lack of progress“, certain parties were dragging their heels as the spokesperson had to admit that they were pretty much clueless on the situation, that level of ignorance got an US ambassador killed. It might have blown over, but with the death of an Ambassador it was no longer an option as the world would be watching. This issue, even as Clinton took the blame towards herself, would not clear her. She failed a position of high office and as such giving her an even higher position was a bit of a no-no. Consider that the request for additional security was denied, the next time around it could impact the security of a nation. The entire terrorist push, the billions on security are now the anchor that no party can ignore. Stating that there will be no danger could start the second civil war in the US as the intelligence and security services have been spending billions meant for welfare and education. In this we now see the issue that was brought to light later as “classified information ended up on the laptop of the disgraced former congressman Anthony Weiner“, now we get “Mr. Comey had told the Senate Judiciary Committee that during the F.B.I.’s investigation into Hillary Clinton’s use of a private email server while secretary of state, officers uncovered evidence that Mrs. Clinton’s aide, Huma Abedin, had “forwarded hundreds and thousands of emails, some of which contain classified information” to Mr. Weiner, her husband“, so an unqualified person forwarded from a private server mails to people who had no business getting the information. This is how nations are put into danger, this is how National Security falters. In this people want to protect the Clintons from being utter dicks in negating the need for security. In addition, the NY Times gives us the quote (at https://www.nytimes.com/2017/05/09/us/politics/comey-clinton-emails-testimony.html) “Our investigation determined that Ms. Abedin commonly forwarded emails to others who would print documents for her,” Gregory A. Brower, the assistant director in the F.B.I.’s Office of Congressional Affairs, wrote in a letter to the chairman of the Senate Judiciary Committee, Senator Charles E. Grassley of Iowa“, so not only is she stupid, she is commonly stupid? What other information went innocuously to indirect receivers at for example, Wall Street, or a friend in financial hardship? James Comey did what was requested from him as the news has shown in several times that House republicans requested the probe and now a Republican fires Comey for doing so.

The Guardian (at https://www.theguardian.com/us-news/2017/may/09/james-comey-fbi-fired-donald-trump), gives us: “Clinton partly blamed Comey’s letter in late October notifying Congress that the FBI was studying the emails on the laptop, for costing her the presidential election”, which sounds nice from her side, but when we realise that she allowed in principle for hundreds of classified mails to go unchecked via a third party to another person who should have no access at all. The fact that she is not in prison for gross negligence, or even on charges much worse is for her the smallest blessing in disguise”.

I will admit that there are issues on the Comey side too, yet again, when we realise that this was all in a timed situation during the running of the presidential election, and timed by republicans, there is one part that seems to stand out, as I see it, for the next 8 years, the republicans will not get any assistance that is a letter outside of the official brief request. The republicans have thrown away any options for small favours. Yet perhaps that might be their game, because as more and more people realise the dangers of the Financial Choice Act, it might be that James Comey was too much of an unknown straight shooter according to Wall Street. I wonder what friend of Wall Street will get to be appointed next. You think that my speculation is wrong? Perhaps it is, I just find it a little weird that a person who did his job in weird times, at request of the republicans, gets fired by that same group. Perhaps President Trump is merely throwing a fictive olive branch at the democrats, perhaps and more likely he was being misinformed by someone really liking someone else to be in that place. In my view there are issues on both sides, yet the direct clarity is that there has been a proven case that former Presidential runner Hillary Clinton was stupid in the way she did things and more stupid having an aide that had no office setup to properly print things, as well as knowingly share classified information with third parties. That part only came to light as the 52-year-old congressman decided to do some sexting with a 15 year old. Without that, it might not have come to light. The issue then becomes, who else, who should not be receiving any of it, ended up with classified information, who else came with: ‘shall I print that out for you?’ In this, the one support against the Wall Street Journal would be the quote “His probe of the former Secretary of State’s private email server is looking more like a kid-glove exercise with each new revelation“, which might not be incorrect, yet the election was in full swing, there was an issue that could constitute electoral fraud, which would be a big no-no to a lawyer like James Comey. He was pushed by the republicans in a hard place with no real solution. Yet in all this none of the papers stated at the headline the one part that mattered and remains unstated too often: ‘Hillary Clinton did this to herself!

There is one remaining side which we get from loyal republican Bill O’Reilly. He is illuminating it all without using the speculation I use (I am a blogger after all), we see: “Now, if you are Comey, you are basically taking copies of all your files, because if there is something wrong here – by wrong I mean, if Comey was doing his job, and now is fired because he was doing his job – Comey has got to get that out”, and there is more at https://www.billoreilly.com/b/OReilly-from-his-car-on-the-Firing-of-FBI-Director-James-Comey/662156856740165995.html. The issue is seen not by just me, but by several people, some of them scrutinising the FBI even more than I ever would, they state ‘Comey is fired because he was doing his job’, which is to many of us a real no-no, that whilst the Clinton gang goes on making loads of coin. The injustice is slightly more than I can stomach. So, as such I feel correct in my speculation, this was not about the Clinton mails, this is about making an FBI shake up for what comes next. It is done now because one additional quality win makes Comey almost untouchable and at that point too many people on the hill (that famous one in Washington DC) will ask a few more questions on both sides of the political isle. That is the part they have no worry about when the next one in the hot seat gets given the hot potato no one wants. It is a stretch on my side, I agree to that, yet with the loud noises that the Financial Choice Act is making and with groups and strong people in high places are now asking loudly what is wrong with the Republicans enabling Wall Street to this agree. As we see that consumers will lose more rights to defend themselves in these matters, having an FBI director with a strong moral compass is not something that the White House or the Senate might be comfortable with. I might be wrong here, and I likely am. Yet when you get fired for doing your job, more questions should be asked, especially as it is the position where one person has a goal to keep its citizens safe from several dangers. I hope you got that much at least.

 

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Awaiting the next…

There is not a lot to do today, the French polling booths opened up 28 minutes ago, there is no certainty who will make it to the palace in Paris and I will not speculate at this time. In that regard, the shouting of ‘hacked’ by Emmanuel Macron seems shabby and shallow. In that same light, we see (what I regard to be) the the hilarious idiocy of Jeremy Corbyn with ‘We’ll fund spending by raising tax on £80,000 earners, says Labour’, which is a joke when you consider that it does not even get close to 20% of the spending spree he has in mind. The UK is in a state of hardship for now and that has always been a known fact. It is a hurdle that the right politicians can overcome and Jeremy Corbyn is showing again and again that he is not cut out for that position. The quotes “under the plans, 95% of taxpayers would be guaranteed no increases in their income tax during the next parliament” as well as “those earning above £80,000 should expect to pay more to enable improvements to the health service, education and other public services” show the level of lacking reality. Now, I have nothing against raising taxation just a little in high earner fields, yet that was to offset increasing the 0% tax bar so that those in low incomes would get just a little more. The improvements needed to health care alone will require billions, more than the tax increase allows for, which means that the UK Labour party is deceiving you. Would you vote for someone who actively and openly deceives you? You as UK voters, you should know this by now. In all this, these false promises from Labour UK is merely a clear sign that voting for them is voting for the downfall of the UK. UKIP is equally down, having no constituencies left and the lack of the charisma of Nigel Farage is a problem for them. Paul Nuttall is not getting it done, which is no bad reflection in him. He started as the underdog and with merely a Brexit, it is not enough. Farage was (even though everyone disagrees) a visionary, not the most diplomatically eloquent one, but a visionary none the less. Paul requires more than he has at present, more following, more issues to work with and these two are much harder to come by at present. The Lib Dems are not in a growing side either, but they already had a following and I will admit that Tim Farron did a lot better in this election than I gave him credit for. If he can connect to Theresa May and plead for essential parts of the Lib Dems message to become accepted by the Tories, he will actually have a game to play and if administered better than Nick Clegg did, he will have an advantage, one that surpasses the Labour party at present, which is saying a lot.

In all this, we have weeks to see the press give voice and give a swing to what these politicians are trying to say without sounding like Oliver Twist with ‘Can I have a little more please?

Whatever happens, it will not happen until Tuesday as Monday will all be about France and it will be about the next phase of France. In that regard I do believe that the outcome of the elections is merely a stage towards what will be opened at that time. No matter the win, a European referendum seems to be no longer avoidable. Macron is realising it and Marine Le Pen is merely waiting for Macron to screw up that one mistake is all that will be required.

That is the setting which we will see before the general elections and hen that happens it will impact the political actions in the UK. It all takes a turn when we look at the BBC with their reality Check, those claiming (read: Nick Clegg) that households would be £500 worse off is still not proven to be correct. If anything, they are 0.2% better off, yet there is a little over 6 months to go, so there is room for the end result to shift, yet by June this might be proven to be no longer a reality. It is those bog winded predictions that should be at the core of how we hold politicians accountable and in that regard Nick and Jeremy are not doing too well. Even as they hit out against Nigel Farage when he stated ‘I would much rather’, which is a preference and not a certainty, they themselves are all about ‘is likely to be’ which is actually also a prediction. It is the intonation of ‘it could be worse’ that counts. I have seen too much from certain people showing this path. It is the level of fear mongering for votes that really gets my goat.

Clegg was doing a similar thing less than 24 hours ago on how raising taxation would gain Sheffield £100 million (source: the Express). As I see it “by adding a penny onto every pound of income tax people pay. The tax, the Lib Dems say, would raise £103.7 million for Sheffield each year – £84 million for the NHS and £19.7 million for social care” the quote is merely wishful thinking, by raising taxation by even 1%, the lowest two groups could find themselves in near physical hardship, which now implies that the spike that the increase brings will result in NHS costs more than twice the amount they are gaining. By the way, that one percent addition, implies that Sheffield gets a little too much. When we get the numbers from HM Revenue & Customs, we see that in 2015 South Yorkshire the total taxation was a little over £2 billion, 1% of that is merely £20 million, so where is little Nicky getting the rest from? I am 100% certain that the quality of life in South Yorkshire did not go up by 500% in one year. Yorkshire pudding just does not give that level of taxable revenue. Which implies that Tim Farron has a problem by letting Nick Clegg babble all over the place. Perhaps Clegg was the Obi-Wan Kenobi of Jeremy Corbyn? In all this we see a need for clarity and getting the correct information to the voters, because any Clegg-Corbyn union will ruin the United Kingdom as I personally see it.

So what is next? What are we waiting for?

That is an actual issue, at times we can only wait until the results arrive and the UK will be awaiting what happens next. On this day, this Sunday, the UK will be reacting to what happens on the mainland. Even Greece is getting visibility by proclaiming to be the ally of Macron, so how are they valued at anything? Late last month we see how Greece is one target to make the debtor deal, whilst last week we see that the EU is trimming down the forecast for 2017 from 2.7% to merely 2%, in all this were the numbers adjusted? So after the deal, we get the bad news that the numbers were off by almost 26%, how is anything in Greece valued at all? (source: RTE).

So, those people who were off by well over 25% are all about engaging through the facilitation of a former French investment banker as President of France? In all this the UK will go forward in Brexit, because not doing so will have dire consequences. That risk is now coming from the US a they are trying to get the Financial Choice Act into place. So at the Guardian reported “If you want to buy a house, it will let salespeople push you into high-interest, high-fee loans because it increases their referral fees. On top of that, it makes it easier for realtors and mortgage lenders to sell you into closing services that they actually control – essentially giving themselves a kickback”, is just one of a few issues that give rise to the angers of more than the low income earners to become either a wage slave or homeless. You only need to have been there to know that you will do nearly anything to remain a wage slave. On the 15th of February of this year I wrote (at https://lawlordtobe.com/2017/02/15/pimping-the-united-states/): “If there is an upside, then it will be that the next financial event will have one enormous difference, the moment the US people see that their quality of life returns to a 2009 state, there will be 170-205 million people unanimously agreeing that the President of the United States is to be assassinated, moreover, when that angry mob runs to Washington, the army will not intervene as they will have been hit just as hard as well as their family members. So at that point the Secret Service will need to protect an idiot, whilst they have less than 1% of the ammunition required to stop that angry mob. Good luck to them I say!”, the Financial Choice Act might be the actual point that made my speculation a few months ago an actual reality. At that point we need no longer worry about either the IMF, Mario Draghi or the Euro. I reckon that once one of the players goes a little overboard for mere greed, the people will gut (quite literally) anyone working on Wall Street, at that point the people at the IMF will run for their lives, having no control over what happens next on the global market. Mario Draghi would essentially take the first flight into anonymity and the Euro would take a dive so steep that 10 EC members will take flight to their old currency overnight giving the UK and Sweden a large reason to smile for a few hours (they would still take a hit soon thereafter), pensions in Europe will become a thing of the past. Yes, this is speculation, yet when the financial services making a profit will over $150 billion a year needs more options for profit, I think we can all agree that the dangers of any future lost to the population at large will have dire consequences for anyone facilitating in that endeavour.

The weird part is that Frexit will actually increase the dangers to the Financial Choice Act to become a reality, because that is the way greed tends to go. Those wanting it are already massively rich and they will not care about the 98.4% of the population that they hurt to such an extent. So as we contemplate Brexit, Frexit, Swedone, Withdrawsaw, Czech-out, Donegary and any other fashion word for countries leaving the Euro (oh, I forgot about Beljump and Nexit), the US in their lack of foresight is about to give rise to financial fears to the global market at large. I will dig deeper into the Financial Choice Act in the near future.

 

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The light of exposure

In France everything is going topsy turvy, we see people who claim to have no gains in any of it make certain that anybody is elected, except for Marine Le Pen, even the current President of France is on that boat, which is interesting as he is at present regarded as the biggest political failure since WW2. I myself would like to remain neutral, which is almost not possible as out of nowhere a former investment banker is suddenly the favourite runner with no real main political experience. The political marketing department might like the fact that he will be the youngest French President, which makes almost as much sense as it would be for me to take over the clandestine department of the CIA, with all those Korean challenges? I’m game!

Yet as I see it, Emmanuel Macron made a large blunder on LinkedIn as he wanted France to head all kinds of environmental and climate research, which sounds nice as the population at large is all about climate, but he seems to forget that France has a 2.25 trillion Euro debt to deal with and the current French President is leaving France in a dire, weakened and unhealthy state. Something that can not now, and not ever be cured by throwing money in anything but a growing economy move. Even I could have done better than that. Both players for the hefty seat will need to consider that a true quality investigation in the French healthcare system will be next on the list. It is at present regarded as one of the best, yet by 2019 their numbers will drastically change as France has one contributing element. As the retirement age has shifted by 2 years, there will be a spike in both physical and mental health care that will at that moment spike to different levels. France has the benefit of seeing how wrong inaction has left the British NHS close to death, and this is whilst the retirement age was at present not affected, so in France a think-tank will need to convene on a structured overhaul that does not leave a non working system in hands of consultants for 11 billion and at that point be a non-working system. The British Labour party left them with this example. If met with the proper adjustment, Huawei Technologies and Google could have optional solutions in theory before the end of 2018 and implemented 2 years later. The question becomes who will be the player and how will it be implemented. Questions that require serious consideration and in my view the youthful investment banker might not have the solution, in equal measure I am not certain whether Marine Le Pen will fit that bill either. Yet what has been shown is that the current president has made little effort towards that growing dilemma.

So why is Macron the bad choice? I am not sure he is, but the issues we have seen with investment bankers do not make me confident. Even as we should agree that he married the love of his life even though she is a few decades older, which implies that he does not care about the opinion of others gives the vibes that he is made of stern stuff, something the French people desperately need after one tour of Francois ‘the paperback’ Hollande (as I personally see it). Yet, what wrong has Emmanuel Macron done? That is the issue, for the mere reason that there is nothing that shows he had done anything but bend the law without breaking it in the Nestle acquisition deal. So basically, this proclaimed Mozart of Finance is getting soiled in soot for the mere title of being a former investment banker. That is as far as I can take it with reliable information. The Rothschild bank empire keeps it laundry hidden and dry, neither the NSA or the CIA has anything on them (FBI has nothing either). Whatever others can find is either hear say of overextended triviality. Again, as I personally see it the entire board of commissioners of PwC will be in jail long before Rothschild bankers get into the dock in court. I am happy, but unlikely to be wrong here.

Yet these elements are not the only ones in play. During the next French administration banks are moving their interests and their work environment all over the globe, France will see its share of new challenges. As the UK is dealing with Brexit and their set of new challenges, France will also deal with other issues. Even as both are not looking towards the frontiers of what will be possible with 5G, we will see new views on security and cyber issues, not just in the WiMAX and 5G environment, there will be additional dangers and risks with the new IBM hype word! As blockchain is heralded as a new solution, there are inherent risks with a system that has these abilities. Not just in managing the data, the attached data goes much further, there is the risk that any system has more than a mere ‘massive disintermediation of the financial system’. There is the risk that a hiatus in ‘non-repudiation’ could leave a dangerous leap in the ‘who done it’ realm where nobody can be held to account. The fact that blockchain has no form of regulations whatsoever will give French banking laws additional headaches down the line. This is not just assumption (well, it is a little), the Washington Post was all about ‘Russian hackers‘ in French elections. That does not prove that it is not so, there is merely a lack of concrete data evidence and the quote “the front-runner in France’s presidential race carried digital “fingerprints” similar to the suspected Russian hacking of the Democratic National Committee and others in the 2016 U.S. election” give food for thought. As present the cyber units cannot even get on par with the criminals, as blockchain evolves in all kinds of ‘personal’ dialects in every nation, we will witness a new level of data adjustment. This does not mean that blackchains are evil or that they are instigate criminal activities, the timing that blockchains bring just as the data traffic from 5G could sent a 500% data traffic spike from 2020 onwards through the global online cloud community leaves us with a boatload of issues and in that, France will have its share of issues to deal with, so as there might be opportunity, there is a more than equal risk of harmful dangers. Europe at large is not ready and in a lack of checks and balances, the dangers of another 2004 and 2008 investment collapse is not out of the question, especially as the laws are still not ready to deal with the recurring danger of a 2008 finance event. In this France is in too weak a condition (as is the UK by the way). So consider that if we relate this to the Bitcoin, its volatility is in its foundation the same volatility that blockchain could face, with a truckload of return on investment risks. In this we might consider that Macron is the better candidate, but I am not convinced, in this both are not great options, yet still better than the others. It almost a Churchill moment “Democracy is the worst form of government, except for all those other forms that have been tried“, we could replace the word Democracy with either ‘Blockchain’ ‘Emmanuel Macron’ and ‘Marine Le Pen’. Although in the first example, we would need to exchange ‘government’ with ‘data system’ as well. In this day and age governments can no longer keep up and until the spirit of the law gets clearly enforced the population of any nation is in trouble. In this danger is too harsh a word but there is a risk and the press at large has proven to be little or no help (apart from some actual newspapers, who are some help).

As France goes to vote there is little that I can offer to the voters, only that they need to know who and what they are voting for. They need to realise that their immediate choice is for themselves and their family. For some it is one candidate for others there is the other candidate. With France having an explosive growth in poverty, the social element seems the most pressing one, but its solution is in other elements not in solving poverty but in growing a dire economy, a dire situation grown by what I regard to be outsourcing and the bottom Euro of getting things done cheaply. It is that proper reform that herald change and options, which puts the initial premise in the hands of Marine Le Pen, yet no matter how her national pride is set, if she cannot build solutions she would be a one term president too. For Macron it seems simple in the way he talks and he talks like a salesperson, but in this he needs an engine to deliver on his promises, this is something he cannot walk away from, whether he realises it to the degree is not certain, his LinkedIn message made that clear.

So no matter where the exposure ends, there are dangers that all nations of Europe will face, the sudden ‘relaxed’ shift from Mario Draghi is making that clear (Source: Financial Times). I think that this temporary ease of situation is merely to ‘atone’ for French voters, I think that the message is a dangerous one. Several sources are talking on the dangers of joint bonds an in addition the fat that Reuters views that Mario Draghi could lose credibility is not a fab, it is a realistic danger which people seem to be dimming to low until after the French elections. This as I see it implies that there is heavy weather ahead. This is strictly my personal view, yet in that regard I have been correct a few times too many. See my other blog articles to compare on that regard. In this there is partial data, there is the claim that the IMF has dropped the pledge to resist all forms of protectionism. For me the issue whether they dropped it, or merely did not make mention of it. The result is very different and in this it is not just about clarity, it is about changing channels of commerce. It is more than a mere view of ‘good business is where you find it’ versus ‘we all should be allowed to do business’, which is the more direct issue that will impact France too. Even as I have an issue with the President Trump’s tax breaks, there is one sight that is adamant. The economies are now no longer in the hands of the fat cats of Wal-Mart and corporations alike, it is in the hands of small businesses and families in stores. They will reduce tensions on infrastructure pressures and make combined ripples in a starting wave of commerce. France is one of the more likely places to get that going, much more so that the UK at present. In this France’s biggest enemy is the French language.

When it overcomes that barrier, it could start a wave of trendsetting businesses from local to global, how it is done remains open to the people deciding walking that path, it will be a personal choice for all who endeavour that step, but they can get there, they just need the proper exposure and support.

 

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Dangerous levels of extinction

Bloomberg reported Yesterday that Nicola ‘Sturgeon Sticks with Timing for Scottish Independence Referendum‘ (at https://www.bloomberg.com/news/articles/2017-04-01/sturgeon-sticks-with-timing-for-scottish-independence-referendum), which is a little odd after the previous one not so long ago. As I stated in earlier blogs, I am not against Scottish independence, I think that at the earliest point, Scotland should seek independence. Yet at this point it is not a good idea. The situation has not changed for Scotland, at present their budget is already 11% short and that is with the inclusion of decreasing oil revenues. This means that within 10 years there will be additional problems for Scotland. And this is only the start of their troubles. You see RTE reported only 12 hours ago ‘Spain would not ‘initially’ block Scotland from joining the EU after Brexit‘, the catchword is ‘initially‘, we see the quote “any part of the United Kingdom that becomes a state and wants to join the EU will have to apply. And follow the steps that are stipulated“, this is the part that matters. Basically until Scotland is truly independent there is every chance that Spain would object, and that is just one of the 27 nations. After that when Scotland is independent, the initiation into the EU would start, which could take up another 5 years, perhaps even more. That is the part Scotland faces, so Scotland is facing the consequence of independence, growing a ‘national‘ debt and after that we see the issue that Scotland would be debt driven and getting into the EU, a triple banking issue (debt, interest and inflation levels), all levels that Scotland would need to overcome.

For example, try googling Scotland and economy and see what you get. What economic achievements did Scotland have gained in the last two years? The Financial Times gives us a part I actually do not agree with (at https://www.ft.com/content/7c6f8ca8-0807-11e7-97d1-5e720a26771b) ‘The economic case for an independent Scotland rests on the EU‘, to that the Scottish response should be: ‘the dog’s bollocks they are!‘ In this Scotland needs to grow an economy, so far, as long as Nicola Sturgeon has been in power, not too much has been gained in that department. I am certain that there are options, I even mentioned one in April 2015, (at https://lawlordtobe.com/2015/04/05/the-labour-manifesto/) where I write “I am still reasonably certain that Indian generic medication could grow all over Europe if they have a foothold in Scotland, which allows easy access to places all over Europe“, so which Scottish politician had actually made any headway into looking beyond the EU, its ECB with big debt credit cards? Because when the credit card stops, Scotland will be in levels of hardship they have not seen before for the longest of times. At that point, who will the Prime Minister be when that happens and where will that person lay the blame?

In the end that is a Scotland that has no chance to build any future at all. How is that a good idea?

So as we see that Scotland is focusing on the USA with the added quote from Bloomberg “She also noted her political differences with President Donald Trump, who owns golf resorts in Scotland. During the election campaign, the Scottish government stripped Trump of his role as business ambassador for the country“, which sounds nice, but how did she fare with Corporate America? Scotland might be open for business, but where is the interest in Scotland? How about the Far East? How could Scotland become a hub for places like Indonesia, India, Pakistan and China? With Beef as an export, why not benefit by creating a European Halal Trade centre in Scotland? With ferries leading to Norway and a growing Muslim population, there are options, it only requires the right politician to open certain doors. I am not saying this is a solution, I am merely showing that options are there, the right people only need to look into the right direction. Because, as I see it, relying on the USA and ECB grants will not work, not whilst Europe is in the state it currently is. With Italy set to grow no more than 0.9%, its position is weaker than France and its youth unemployment still stands at 38%, implying that Italy’s infrastructure will remain under harsh levels of duress for several more years. The quote “Italy’s chronically low growth, low inflation and gigantic public debt burden (133% of GDP) make a potentially deadly trio” gives us even more to worry about (source: the economist), with the UK having triggered Article 50, France elections still having the consequence of a Frexit signal and Italy under the duress it is in, the European Union will only have Germany to be the large positive impact player on its economy and that one is not faring too well either. So this is the moment Nicola Sturgeon want to enter the EU whilst going independent? It is not just a bad plan, with a non-closing budget she will be drowning Scotland into debt and this debt will grow and grow leaving Scotland with no options for any future at all.

Yet we could go with the definition of Sturgeon that she is honouring. I cannot state whether this is the same for both Prime Ministers and fish, yet the International Union for Conservation of Nature gave us: “According to the IUCN, over 85% of sturgeon species are classified as at ‘risk of extinction’“, which is a large group that Nicola Sturgeon seems to be happy to join, the sad part is that she would like the whole of Scotland to join her in this, which is really not a good idea, or fair on the population of Scotland.

 

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